RBI’s Concerns Very Real: Diwakar Gupta

Dec 31 2013

December 31: The Reserve Bank of India in its latest Financial Stability Report has sounded cautious on the banking sector, raising concerns over bad loans and corporate debt repayment. Indian banks have restructured about Rs. 4 lakh crore in loans currently. Bloomberg TV India speaks to Diwakar Gupta, Former MD and CFO, State Bank of India, to decipher the central bank’s observations.